"Charles Phillips is a proven executive who brings Infor the diverse skill set, direct industry experience, and track record of performance necessary to lead the Company to continued growth," said Jim Schaper, current CEO and chairman of Infor, who is resigning his CEO duties. "He is a true visionary in the technology industry and has a unique perspective drawn from his experience at one of our leading industry peers, in addition to his years on Wall Street."

Infor develops and sells about $2 billion worth of software a year, mostly to mid-sized companies. It also appears to be gearing up for an IPO. "One of the challenges of any company that makes over 70 acquisitions is just getting the back office prepared to be a public filer," Schaper recently told The New York Times. "All of that is behind us now. The markets will determine if this is an I.P.O. candidate and when."

Phillips joins the company three months before Infor ships off its next-generation platform of applications running on Microsoft's Azure, in January.

Phillips' old Oracle seat was filled by former HP CEO Mark Hurd, who resigned abruptly in August amidst a sexual harassment and expense report scandal. A week later, a group of shareholders filed suit against the company's board, alleging his gross mismanagement and waste of corporate assets. HP also sued Oracle to stop it from hiring Hurd, but the two companies eventually settled.

Sara Yin is a junior analyst in the Software, Internet, and Networking group at PCmag.com, pouring most of her energy into app testing and security matters at Security Watch with Neil Rubenking. She lies awake at night pondering the state of mobile security (half-true).
Prior to joining PCMag.com, Sara spent five years reporting for publications in New York City (Huffington Post), Hong Kong (South China Morning Post), and Singapore (Campaign Asia, Men's Health).
Follow her on Twitter at @SecurityWatch and @sarapyin, or contact her the...
More »

Automatic Renewal Program: Your subscription will continue without interruption for as long as you wish, unless
you instruct us otherwise. Your subscription will automatically renew at the end of the term unless you authorize
cancellation. Each year, you'll receive a notice and you authorize that your credit/debit card will be charged the
annual subscription rate(s). You may cancel at any time during your subscription and receive a full refund on all
unsent issues. If your credit/debit card or other billing method can not be charged, we will bill you directly instead. Contact Customer Service